Offloading backend operations to external teams has become a popular strategy in the mortgage industry, offering companies flexibility in choosing between onshore, offshore, or hybrid options. This approach has been found to significantly boost turnaround times and efficiency, allowing organizations to tap into different time zones and create nearly 24-hour operations. By utilizing skilled external teams, companies are able to reduce the impact of local disruptions and maintain smooth operations.
Key points:
– Offloading backend operations to external teams offers flexibility in choosing between onshore, offshore, or hybrid options.
– This strategy has been shown to boost turnaround times and efficiency in the mortgage industry.
– Utilizing skilled external teams enables companies to tap into different time zones for nearly 24-hour operations.
– This approach helps reduce the impact of local disruptions and ensures smooth operations in the industry.
You can read this full article at: https://www.housingwire.com/articles/how-outsourcing-can-prepare-originators-for-market-changes-in-2025/(subscription required)
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